The iShares MSCI Emerging Markets exchange-traded fund (EEM) reached another new 52-week high Thursday, for a rise of 3.6% this month and 22.5% year to date. This is conjuring up anxiety on market bubbles. Evercore ISI analysts quote Economist Larry Summers on the subject: "A strategy that relies on interest rates significantly below growth rates for long periods of time virtually guarantees the emergence of substantial bubbles and dangerous build-ups in leverage,” Summers said.

By Shamaila Khan , Christian DiClementi April 18, 2017 With inflationary pressures under control and external balances improving, many emerging-market (EM) countries are working on the next item on their to-do lists: reining in fiscal deficits. ...

By Jack Rosovsky, CFA and Charles Roth Emerging markets have shot out of the gate in early 2017, even as the Fed is hiking rates. Renewed global growth, earnings cycle and valuations bode well. Busan, South Korea In contrast to last year’s volatility ...